532 Clay St Montgomery, AL 36104

Building Details

Year Built

1890

Listing Agency Moore Company Realty j***@moorecompanyrealty.com Show Phone

Listed by Jon Masters · License #AL 000110883

Source Crexi

Added: May 16, 2024 Updated: Jul 10 at 3:40 pm Checked: Jul 19 at 8:12 am

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Investment Insights

Based on property information with market context.

This charming historic building, constructed in 1890, offers 4,255 square feet of space and is zoned T4-R, allowing for versatile retail or restaurant use. The property benefits from high visibility due to its prime location in the heart of Montgomery. It is suitable as an event venue and offers views. The location is approximately 1.1 miles from the I-85/I-65 Interchange and approximately 1.7 miles from Maxwell Air Force Base, which serves 25,000 active duty, guard, reserves, contractors, and retirees. There are over 1,000 hotel rooms in downtown, with 600 within 3 blocks. The property has an annual income of $34,500, while the current tenants' annual income is approximately $120,000 per year.

Key Highlights

• Prime location in the heart of Montgomery with high visibility
• Zoned T4‑R, allowing for versatile retail/restaurant use
• Charming historic building with 4,255 SF of space, built in 1890

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FAQs

What type of property is this?

Retail space - Charming 4,255 SF building with versatile retail/restaurant use.

Where is this retail space located?

The property is located at 532 Clay St Montgomery, AL.

What is the asking price?

The asking price for this property is $465,000.

What are key features of this property?

This property features: Prime location in the heart of Montgomery with high visibility; Zoned T4‑R, allowing for versatile retail/restaurant use; Charming historic building with 4,255 SF of space, built in 1890